- UK Oil & Gas said sustained production continued to be maintained from a well-testing operation at the Horse Head prospect near England's Gatwick Airport.

The Horse Head-1 extended well test had achieved a gross aggregate total of over 25,000 barrels of oil to date, which the company described as a 'significant production milestone'.

Subsidiary company Horse Head developments was now planning to continue production at the well until the expiry of current permits in spring 2019.

It would then move directly into the drilling and long-term testing of two new horizontal wells.

Alba Mineral Resources is also invested in the Horse Hill prospect.

At 9:49am: [LON:UKOG] UK Oil Gas Investments Plc share price was -0.03p at 1.18p

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